-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RKdTRfhS3ZfZNjNtPwoi2FMLDSgjgbVanNjv/Fh+TTiDy/scurKVOx3PLh3BTJv5 +k72lkjP9FVl53Onzdi+2Q== 0000950129-02-000205.txt : 20020413 0000950129-02-000205.hdr.sgml : 20020413 ACCESSION NUMBER: 0000950129-02-000205 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20020117 GROUP MEMBERS: ENRON CORP. GROUP MEMBERS: NORTHERN PLAINS NATURAL GAS COMPANY GROUP MEMBERS: SUNDANCE ASSETS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NORTHERN BORDER PARTNERS LP CENTRAL INDEX KEY: 0000909281 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 931120873 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54867 FILM NUMBER: 2511851 BUSINESS ADDRESS: STREET 1: 1400 SMITH ST STREET 2: C/O ENRON BLDG CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7138536161 MAIL ADDRESS: STREET 1: 1400 SMITH ST STREET 2: ENRON BUILDING RM 4524 CITY: HOUSTON STATE: TX ZIP: 77002 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ENRON CORP/OR/ CENTRAL INDEX KEY: 0001024401 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 470255140 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1400 SMITH ST CITY: HOUSTON STATE: TX ZIP: 77002-7369 BUSINESS PHONE: 7138536161 MAIL ADDRESS: STREET 1: 1400 SMITH ST CITY: HOUSTON STATE: TX ZIP: 77002-7369 FORMER COMPANY: FORMER CONFORMED NAME: ENRON OREGON CORP DATE OF NAME CHANGE: 19961008 SC 13D/A 1 h92962sc13da.txt ENRON CORP. FOR NORTHERN BORDER PARTNERS, L.P. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 2)* NORTHERN BORDER PARTNERS, L.P. (Name of Issuer) COMMON UNITS ------------ (Title of Class of Securities) 664785102 (CUSIP Number) REX R. ROGERS Enron Corp. 1400 Smith Street Houston, TX 77002 (713) 853-6161 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) NOVEMBER 29, 2001 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: /_/ Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. Seess.240.13d-7(b) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 12 SCHEDULE 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SUNDANCE ASSETS, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] N/A (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] N/A - -------------------------------------------------------------------------------- 6 CITIZENSHIP OF PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 2,710,000 COMMON UNITS REPORTING ------------------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER SEE ITEM 5 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SAME AS 8 ABOVE - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] N/A - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.5% OF NORTHERN BORDER PARTNERS, L.P.'S OUTSTANDING COMMON UNITS. - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- Page 2 of 12 SCHEDULE 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON NORTHERN PLAINS NATURAL GAS COMPANY, I.R.S. NO.:47-6024151 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] N/A (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] N/A - -------------------------------------------------------------------------------- 6 CITIZENSHIP OF PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 504,954 COMMON UNITS REPORTING ------------------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER SAME AS 8 ABOVE - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SAME AS 8 ABOVE - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] N/A - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.2% OF NORTHERN BORDER PARTNERS, L.P.'S OUTSTANDING COMMON UNITS. - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Page 3 of 12 SCHEDULE 13D - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ENRON CORP., I.R.S. NO.47-0255140 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] N/A (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] N/A - -------------------------------------------------------------------------------- 6 CITIZENSHIP OF PLACE OF ORGANIZATION OREGON - -------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY EACH 3,214,954 COMMON UNITS REPORTING ------------------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 504,954 COMMON UNITS. SEE ITEM 5 WITH RESPECT TO 2,710,000 COMMON UNITS - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON SAME AS 8 ABOVE - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] N/A - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.7% OF NORTHERN BORDER PARTNER'S OUTSTANDING COMMON UNITS. - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- Page 4 of 12 Statement on Schedule 13D The Schedule 13Ds of (i) Enron Corp., an Oregon corporation ("Enron"), dated November 20, 1998, as amended on December 23, 1998, (ii) Northern Plains Natural Gas Company, a Delaware corporation ("Northern Plains"), dated November 20, 1998, as amended on December 23, 1998, and (iii) Sundance Assets, L.P., a Delaware limited partnership ("Sundance"), dated December 23, 1998 ((i), (ii) and (iii) together, the "Initial Schedule 13D"), are hereby amended by the addition of the following: ITEM 2. IDENTITY AND BACKGROUND, ITEM 4. PURPOSE OF TRANSACTION AND ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Schedule I, attached hereto, sets forth current information with respect to each director and each executive officer of Sundance. Schedule II, attached hereto, sets forth current information with respect to each director and each executive officer of Northern Plains. Schedule III, attached hereto, sets forth current information regarding each director and each executive officer of Enron. The filing of this statement on Schedule 13D shall not be construed as an admission that any person listed on Schedules I, II and III hereto is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, the beneficial owner of any securities covered by this statement. Northern Plains is a wholly owned subsidiary of Enron and the beneficial owner of 504,954 Common Units of Northern Border Partners, L.P., a Delaware limited partnership (the "Partnership"), which constitutes 1.2% of the Partnership's outstanding Common Units. The Common Units held by Northern Plains are held by Northern Plains with the intent that such Common Units will be held indefinitely, except that 4,954 of such Common Units are held for purposes of making awards under the Northern Border Phantom Unit Plan. Sundance is an indirect subsidiary of Enron and is the beneficial owner of 2,710,000 of the Partnership's Common Units, which constitutes 6.5% of the Partnership's outstanding Common Units. Ponderosa Assets, L.P., a Delaware limited partnership and the general partner of Sundance ("Ponderosa"), Enron Ponderosa Management Holdings, Inc., a Delaware corporation and the general partner of Ponderosa, Northern Plains and Enron may be deemed to share voting power and dispositive power over the Common Units held by Sundance. By letter dated November 29, 2001, Citicorp North America, Inc., as agent on behalf of the limited partner of Sundance, appointed Citibank, N.A. ("Citibank") as Sundance Portfolio Manager. Citibank has asserted its authority as Sundance Portfolio Manager to act as the liquidator of Sundance. Accordingly, Citibank may be deemed to possess dispositive power over the Common Units held by Sundance. Enron, by virtue of its ownership of Northern Plains and Sundance, may be deemed to beneficially own the Common Units held by both Northern Plains and Sundance. Accordingly, Enron may be deemed to be the beneficial owner of an aggregate of 3,214,954 Common Units, which constitutes 7.7% of the Partnership's outstanding Common Units. The voting and dispositive power of Northern Plains is shown as shared with Enron, the voting power of Sundance is shown as shared with Enron and the dispositive power of Sundance is shown as shared by Page 5 of 12 Enron and Citibank, the voting power of Enron is shown as shared with Northern Plains and Sundance, and the dispositive power of Enron is shown as shared with Citibank. Enron disclaims beneficial ownership of any Common Units held by either Northern Plains or Sundance. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS: Exhibit (A) Joint Filing Agreement. After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: January 17, 2002 ENRON CORP. By: /s/ REX R. ROGERS ------------------------------------------- Name: Rex R. Rogers Title: Vice President and Associate General Counsel NORTHERN PLAINS NATURAL GAS COMPANY By: /s/ JANET K. PLACE ------------------------------------------- Name: Janet K. Place Title: Vice President, General Counsel and Assistant Secretary SUNDANCE ASSETS, L.P. By: Ponderosa Assets, L.P. its general partner By: Enron Ponderosa Management Holdings, Inc. its general partner By: /s/ REYMOND M. BOWEN, JR. ------------------------------------------- Name: Raymond M. Bowen, Jr. Title: Executive Vice President, Finance and Treasurer Page 6 of 12 SCHEDULE I DIRECTORS AND EXECUTIVE OFFICERS OF ENRON PONDEROSA MANAGEMENT HOLDINGS, INC. - ----------------------------------------------------------------------------- NAME AND BUSINESS ADDRESS CITIZENSHIP POSITION AND OCCUPATION - ----------------------------------------------------------------------------- James V. Derrick, Jr. U.S.A. Director 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- Mark E. Haedicke U.S.A. Director 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- Raymond M. Bowen, Jr. U.S.A. Executive Vice President, 1400 Smith Street Finance and Treasurer Houston, Texas 77002 - ----------------------------------------------------------------------------- Page 7 of 12 SCHEDULE II DIRECTORS AND EXECUTIVE OFFICERS OF NORTHERN PLAINS NATURAL GAS COMPANY - ----------------------------------------------------------------------------- Name and Business Address Citizenship Position and Occupation - ----------------------------------------------------------------------------- William R. Cordes U.S.A. Director 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- Stanley C. Horton U.S.A. Director 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- Jerry L. Peters U.S.A. Director 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- Stanley C. Horton U.S.A. Chairman of the Board 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- William R. Cordes U.S.A President 1400 Smith Street Houston, Texas 77002 - ----------------------------------------------------------------------------- Page 8 of 12 SCHEDULE III DIRECTORS AND EXECUTIVE OFFICERS OF ENRON CORP. - ------------------------------------------------------------------------------- Name and Business Address Citizenship Position and Occupation - ------------------------------------------------------------------------------- Robert Belfer U.S.A. Director 767 Fifth Avenue 46th Floor New York, New York 10153 - ------------------------------------------------------------------------------- Norman P. Blake, Jr. U.S.A. Director 6111 North River Road Rosemont, Illinois 60018 - ------------------------------------------------------------------------------- Ronnie C. Chan U.S.A. Director 28/F, Standard Chartered Bank Building 4 Des Vouex Road Central Hong Kong - ------------------------------------------------------------------------------- John H. Duncan U.S.A. Director 109 N. Post Oak Lane Suite 432 Houston, Texas 77024 - ------------------------------------------------------------------------------- Wendy L. Gramm U.S.A. Director P.O. Box 39134 Washington, D.C. 20016 - ------------------------------------------------------------------------------- Robert K. Jaedicke U.S.A. Director 8799 Cottonwood Road Bozeman, Montana 59718 - ------------------------------------------------------------------------------- Kenneth L. Lay U.S.A. Director 1400 Smith Street Houston, Texas 77002 - ------------------------------------------------------------------------------- Charles A. LeMaistre U.S.A. Director 7 Bristol Green San Antonio, Texas 78209 - ------------------------------------------------------------------------------- John Mendelsohn U.S.A. Director 1515 Holcombe Houston, Texas 77030 - ------------------------------------------------------------------------------- Paulo V. Ferraz Pereira Brazil Director Rua Visconde de Ouro Preto 5/10 andar Rio de Janeiro, RJ 22250-180 Brazil - ------------------------------------------------------------------------------- William C. Powers, Jr. U.S.A. Director 727 E. Dean Keeton Street Austin, Texas 78705-3299 - ------------------------------------------------------------------------------- Page 9 of 12 - ------------------------------------------------------------------------------- Name and Business Address Citizenship Position and Occupation - ------------------------------------------------------------------------------- Frank Savage U.S.A. Director 1345 Avenue of the Americas 39th Floor New York, New York 10105 - ------------------------------------------------------------------------------- Raymond S. Troubh U.S.A. Director Ten Rockefeller Plaza, Suite 712 New York, New York 10020 - ------------------------------------------------------------------------------- John Wakeman U.S.A. Director 1 Salisbury Square London EC4Y 8JB - ------------------------------------------------------------------------------- Herbert S. Winokur, Jr. U.S.A. Director 30 East Elm Street Greenwich, Connecticut 06830 - ------------------------------------------------------------------------------- Kenneth L. Lay U.S.A. Chairman and Chief Executive 1400 Smith Street Officer Houston, Texas 77002 - ------------------------------------------------------------------------------- Lawrence G. Whalley U.S.A. President and Chief Operating 1400 Smith Street Officer Houston, Texas 77002 - ------------------------------------------------------------------------------- Raymond M. Bowen, Jr. U.S.A. Executive Vice President, 1400 Smith Street Finance and Treasurer Houston, Texas 77002 - ------------------------------------------------------------------------------- Richard B. Buy U.S.A. Executive Vice President and 1400 Smith Street Chief Risk Officer Houston, Texas 77002 - ------------------------------------------------------------------------------- Richard A. Causey U.S.A. Executive Vice President and 1400 Smith Street Chief Accounting Officer Houston, Texas 77002 - ------------------------------------------------------------------------------- James V. Derrick, Jr. U.S.A. Executive Vice President and 1400 Smith Street General Counsel Houston, Texas 77002 - ------------------------------------------------------------------------------- Mark E. Koenig U.S.A. Executive Vice President, 1400 Smith Street Investor Relations Houston, Texas 77002 - ------------------------------------------------------------------------------- Jeffrey McMahon U.S.A. Executive Vice President and 1400 Smith Street Chief Financial Officer Houston, Texas 77002 - ------------------------------------------------------------------------------- David W. Delainey U.S.A. Chairman and Chief Executive 1400 Smith Street Officer, Enron Energy Houston, Texas 77002 Services, Inc. - ------------------------------------------------------------------------------- Page 10 of 12 - ------------------------------------------------------------------------------- Name and Business Address Citizenship Position and Occupation - ------------------------------------------------------------------------------- John R. Sherriff U.S.A. President and Chief Merchants Wharf Executive Officer, Westpoint Road Enron Europe Ltd. Stockton, Tees TS17 6BF - ------------------------------------------------------------------------------- Stanley C. Horton U.S.A. Chairman and Chief Executive 1400 Smith Street Officer, Enron Transportation Houston, Texas 77002 Services - ------------------------------------------------------------------------------- Page 11 of 12 EX-99.A 3 h92962ex99-a.txt JOINT FILING AGREEMENT EXHIBIT (A) Joint Filing Agreement The undersigned each agree that (i) the Statement on Schedule 13D relating to the Common Units of Northern Border Partners, L.P. is adopted and filed on behalf of each of them, (ii) all future amendments to such Statement on Schedule 13D will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them, and (iii) the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, apply to each of them. This agreement may be terminated with respect to the obligation to jointly file future amendments to such Statement on Schedule 13D as to any of the undersigned upon such person giving written notice thereof to each of the other persons signatory hereto, at the principal office thereof. Executed as of January 17, 2002. ENRON CORP. By: /s/ REX R. ROGERS ------------------------------------------------- Name: Rex R. Rogers Title: Vice President and Associate General Counsel NORTHERN PLAINS NATURAL GAS COMPANY By: /s/ JANET K. PLACE ------------------------------------------------- Name: Janet K. Place Title: Vice President, General Counsel and Assistant Secretary SUNDANCE ASSETS, L.P. By: Ponderosa Assets, L.P. its general partner By: Enron Ponderosa Management Holdings, Inc. its general partner By: /s/ RAYMOND M. BOWEN, JR. ------------------------------------------------- Name: Raymond M. Bowen, Jr. Title: Executive Vice President, Finance and Treasurer Page 12 of 12 -----END PRIVACY-ENHANCED MESSAGE-----